Lionsgate Broadens Cable Reach

By

Lauren A.E. Schuker

Updated Jan. 6, 2009 12:01 a.m. ET

In a deal that signals the growing reach of film and television studio Lionsgate into the cable TV business, the studio has acquired the TV Guide Network and TV Guide Online properties from Macrovision Solutions Corp. for $255 million in consideration.

The pact marks a shift from a previous deal, as Macrovision, a digital media technology company, announced in December an agreement to sell its TV Guide cable network for as much as...